For six local offices of a large tax preparation firm, the following data describe x = service
Question:
a. Draw a scatter diagram representing these data.
b. Using the €œeyeball€ method, fit a straight line to the data.
c. Does there appear to be any relationship between the variables? If so, is the relationship direct or inverse?
Transcribed Image Text:
x Service Revenues (Thousands) 351.4 291.3 325.0 422.7 238.1 514.5 y Supplies, Freight, Postage (Thousands) $18.4 15.8 19.3 22.5 16.0 24.6
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